The Orlando Magic will create a team Hall of Fame at Amway Center

The Magic have devised a permanent way to honor their past players, coaches and executives.

On Friday morning, during a press conference attended by Orlando Mayor Buddy Dyer and Orange County Mayor Teresa Jacobs, team officials announced plans to create a Magic Hall of Fame inside Amway Center on the arena’s Terrace Level.

"We’ve been trying to find a way to recognize the great players who have played for us that in some way memorializes them within the building for our fans," Magic CEO Alex Martins said. "We feel like this is the perfect way to do it. It will be a nice recognition for players, coaches and executives who have been a part of our history."

Dyer read a proclamation that declared the 2013-14 season the Magic's "silver season."

Fans who attend tonight's regular-season home opener against the New Orleans Pelicans will receive a silver 25th-anniversary T-shirt that commemorates the team's silver season.

At tonight’s game, 25-year season ticket holders will have banners on their seats.

The Magic also announced they will honor Nick Anderson during the Nov. 8 home game against the Boston Celtics. Anderson, the team’s first-ever draft pick, ranks second on the franchise’s all-time scoring list.

The team will name its inaugural Hall of Fame class later this season.